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the following information relates to a cmpanys accounts recievable acounts recievable balance at the begining of the year 300,000 allowance for unncloecable acounts at the
the following information relates to a cmpanys accounts recievable acounts recievable balance at the begining of the year 300,000 allowance for unncloecable acounts at the beginng of the year 25,000 (credit balance) credit sales duing the year 1,500,000 accountsrecievable written off during the year 16,000 cash collections from customers 1,450,000 assuming the company estimates bad debt expense equals 10% of credit sales bad debt expense for year and the year end balance in the allowance in acounts recievable
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